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Topic: Paul Atkins: Leading candidate for SEC Chair (Read 142 times)

legendary
Activity: 3416
Merit: 1225
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December 06, 2024, 03:25:25 PM
#17
Paul Atkins deserves to be in that position; having served the SEC from 2002 to 2008 and being a crypto advocate, these two alone are sufficient to qualify for the position. With him in the SEC position, the cryptocurrency technology is in massive adoption; there's going to be a domino effect and a snowball effect now that the most powerful country is into cryptocurrency.
It will be a different scenario, not unlike before, where Cryptocurrency is in hostile environment, This is probably the best time to accumulate Bitcoin
hero member
Activity: 2632
Merit: 833
December 06, 2024, 05:06:20 AM
#16
What are your thoughts of Paul Atkins with his background, could be be a pro-crypto SEC chair?
I do not really care about a name, I just hope that whoever gets the job finally does not have a stubborn hate towards bitcoins. Paper certificates and records can be different from what a man has in his heart, if his credentials show that he is qualified for the job, and in his heart, he has a secret hate or grudges towards bitcoins, he will still not make favorable policies for bitcoin, but may continue from where the last chairman stopped, maybe even do worse. I hope whosoever gets the job is someone who is willing to allow change and new things.

You should, because you don't want to see a name that doesn't understand what is the function of SEC or have a background on digital or crypto itself. In this case the name of Paul Atkins has both of that characteristics. He is a former SEC chair under George W. Bush and has founded a digital company and has been doing private services involving financial institutions.

Hopefully he accepts the job as he has the background to handle and for sure he will be friendly to crypto and that could be his first mandate. And usually the SEC will be under the President, although it could be a separate entity himself, but he or she could be go to the political agenda of what President Trump wants to, that is to be as pro-crypto as he can be.
hero member
Activity: 3038
Merit: 634
December 05, 2024, 03:32:18 PM
#15
What are your thoughts of Paul Atkins with his background, could be be a pro-crypto SEC chair?
To be honest, people won't look at the name of the next chair but as long he's "pro-crypto" that's all that matters to the community.

Credentials always matter and since he is well known pro crypto then he's fit on the position and doing this job is not new to him look at his details here. https://en.wikipedia.org/wiki/Paul_S._Atkins

Also I guess he's already been chosen by President Trump as their new SEC secretary read this article, https://www.cryptonewsz.com/donald-trump-pro-crypto-paul-atkins-sec-chair/

Everything is looking good now and provably there would be more amazing things to happen once Trump's administration will enter next year. I believe there would be another bullish run to come next year.
That's what is expected to happen once Trump starts his work.

We always see that the market drivers now are the news and this is good news to be said by most. And that's why it is not something new to expect for when once Trump gets in there, there's for sure some rally that we might see.

And for that happen, we need to be patient for a while because we still have more than a month for him to wait on that.
full member
Activity: 2576
Merit: 205
December 04, 2024, 10:44:21 AM
#14
What are your thoughts of Paul Atkins with his background, could be be a pro-crypto SEC chair?
I do not really care about a name, I just hope that whoever gets the job finally does not have a stubborn hate towards bitcoins.
i guess it is a lot more difficult to give my input because i am not a us citizen i am not as educated about the officials in their country i know the major ones but leaders of certain departments? i would never know and i bet a lot of us also doesn’t

i don’t know who should be the sec but i do know it should be someone objective and logical and not driven by personal preference
Quote
Paper certificates and records can be different from what a man has in his heart, if his credentials show that he is qualified for the job, and in his heart, he has a secret hate or grudges towards bitcoins, he will still not make favorable policies for bitcoin, but may continue from where the last chairman stopped, maybe even do worse. I hope whosoever gets the job is someone who is willing to allow change and new things.
this is why i said it should be someone objective though tbf i don’t think trump will put a anti bitcoin person in that position but if the most qualified man isn’t necessarily a bitcoin enthusiast i can understand as long as he promise not to prevent any development of bitcoin for the sake of his own agenda
full member
Activity: 714
Merit: 174
December 04, 2024, 10:17:32 AM
#13
What are your thoughts of Paul Atkins with his background, could be be a pro-crypto SEC chair?
I do not really care about a name, I just hope that whoever gets the job finally does not have a stubborn hate towards bitcoins. Paper certificates and records can be different from what a man has in his heart, if his credentials show that he is qualified for the job, and in his heart, he has a secret hate or grudges towards bitcoins, he will still not make favorable policies for bitcoin, but may continue from where the last chairman stopped, maybe even do worse. I hope whosoever gets the job is someone who is willing to allow change and new things.
?
Activity: -
Merit: -
December 04, 2024, 05:56:34 AM
#12
Credentials always matter and since he is well known pro crypto then he's fit on the position and doing this job is not new to him look at his details here. https://en.wikipedia.org/wiki/Paul_S._Atkins

Also I guess he's already been chosen by President Trump as their new SEC secretary read this article, https://www.cryptonewsz.com/donald-trump-pro-crypto-paul-atkins-sec-chair/

Everything is looking good now and provably there would be more amazing things to happen once Trump's administration will enter next year. I believe there would be another bullish run to come next year.

He has yet to accept the deal struck by Trump to him - but let's see what comes out of such an alliance.
I do see changes for SEC - and that's the best part of it  Cool
sr. member
Activity: 1022
Merit: 363
December 04, 2024, 04:34:18 AM
#11
What are your thoughts of Paul Atkins with his background, could be be a pro-crypto SEC chair?
To be honest, people won't look at the name of the next chair but as long he's "pro-crypto" that's all that matters to the community.


Credentials always matter and since he is well known pro crypto then he's fit on the position and doing this job is not new to him look at his details here. https://en.wikipedia.org/wiki/Paul_S._Atkins

Also I guess he's already been chosen by President Trump as their new SEC secretary read this article, https://www.cryptonewsz.com/donald-trump-pro-crypto-paul-atkins-sec-chair/

Everything is looking good now and provably there would be more amazing things to happen once Trump's administration will enter next year. I believe there would be another bullish run to come next year.
hero member
Activity: 1526
Merit: 555
December 04, 2024, 03:29:36 AM
#10
He's most probably pro-crypto.

Are there sources backing this data ?

He’s said that he didn’t want to accept because it is a taxing job considering how backward SEC has gone these years. He doesn’t seem to be interested in being involved in fixing it.
If Atkins accept to be the new SEC chairman, it will be a win win for crypto as a crypto enthusiast, but the problem now is that a source closed to him said that he is not ready to leave his company to become the SEC chairman, so I don't know how they will sort this out.

His background says it all, he has been a SEC chairman before and has founded companies that is related to crypto and has been in the services for years. So yeah, it's a good choice to be the SEC chair.

But it seems that he is very reluctant because it's obvious that in short amount of time he might not clean up the messed of Gensler. But if he will make a U-turn and become pro-crypto himself, then it will be a smooth sailing for us as he might have to favor us or maybe implement decisions that are going to be with us and maybe those that are pending cases might be dropped as well.
sr. member
Activity: 476
Merit: 385
Baba God Noni
December 04, 2024, 03:18:33 AM
#9
He's most probably pro-crypto.

Are there sources backing this data ?

He’s said that he didn’t want to accept because it is a taxing job considering how backward SEC has gone these years. He doesn’t seem to be interested in being involved in fixing it.
If Atkins accept to be the new SEC chairman, it will be a win win for crypto as a crypto enthusiast, but the problem now is that a source closed to him said that he is not ready to leave his company to become the SEC chairman, so I don't know how they will sort this out.
copper member
Activity: 280
Merit: 5
December 04, 2024, 03:10:24 AM
#8
He's most probably pro-crypto. If he's otherwise, the company that he leads shouldn't have been offering services to crypto companies. But Patomak Global Partners is serving crypto exchanges, crypto projects, and other companies that are offering crypto-related services. But, of course, these appointees aren't completely independent. In the end, they're following instructions. 

I haven't heard of Mr. Atkins' official reply to the alleged job offer. So, we're merely speculating here.

It's said about him that, “He was the first time anyone had been a true libertarian and SEC commissioner, and that was a unique thing” (Trump Wants Crypto Fan Paul Atkins to Run the SEC)
I am interested in where this would lead, but in any case - I think SEC will probably change during the term of Trump. There would be fewer skeptical eyes there to witness.
copper member
Activity: 196
Merit: 6
December 04, 2024, 03:06:37 AM
#7
He's most probably pro-crypto.

Are there sources backing this data ?

The only thing people in the news mention while talking about him is the fact that he has worked “to develop best practices for digital asset issuances and trading platforms as Co-Chair of the Token Alliance” (source) - and everybody presumes he is, in fact, pro-crypto.
I am interested would he take the chance and would the SEC change a bit under him.
?
Activity: -
Merit: -
December 04, 2024, 03:04:01 AM
#6
What are your thoughts of Paul Atkins with his background, could be be a pro-crypto SEC chair?
He is involved with projects that are already pro-crypto so it would be confusing if he suddenly had a switch up. He’s being considered because he’s already pro-crypto and doesn’t need to be educated and convinced to join the agenda of maing US a crypto friendly country.

That's at least logical and should be going along the agenda Trump is presumably going to make during his term - let's see how it goes.
After all - he can just refuse the call, probably.
full member
Activity: 2590
Merit: 228
December 04, 2024, 03:00:45 AM
#5
What are your thoughts of Paul Atkins with his background, could be be a pro-crypto SEC chair?
He is involved with projects that are already pro-crypto so it would be confusing if he suddenly had a switch up. He’s being considered because he’s already pro-crypto and doesn’t need to be educated and convinced to join the agenda of maing US a crypto friendly country.
Quote
What are the chances of him accepting the job after years of private practice?
It’s a massive thing to lead SEC but Paul Atkins has already done that before and might not have that on his bucket list anymore. He’s said that he didn’t want to accept because it is a taxing job considering how backward SEC has gone these years. He doesn’t seem to be interested in being involved in fixing it.
newbie
Activity: 12
Merit: 2
December 03, 2024, 11:35:18 PM
#4
He's most probably pro-crypto.

Are there sources backing this data ?
legendary
Activity: 2576
Merit: 1860
December 03, 2024, 11:08:37 PM
#3
He's most probably pro-crypto. If he's otherwise, the company that he leads shouldn't have been offering services to crypto companies. But Patomak Global Partners is serving crypto exchanges, crypto projects, and other companies that are offering crypto-related services. But, of course, these appointees aren't completely independent. In the end, they're following instructions. 

I haven't heard of Mr. Atkins' official reply to the alleged job offer. So, we're merely speculating here.
hero member
Activity: 3038
Merit: 634
December 03, 2024, 10:37:47 PM
#2
What are your thoughts of Paul Atkins with his background, could be be a pro-crypto SEC chair?
To be honest, people won't look at the name of the next chair but as long he's "pro-crypto" that's all that matters to the community.

What are the chances of him accepting the job after years of private practice?
There is a likely that he'd already received the offer and let's wait for him to answer that once Trump is already in the position.

I think this news won't come out without having proof and validation. Even if he's worked in private practice for years but asked to do again public service through it, someone who's got a call for it will accept the offer.
hero member
Activity: 2842
Merit: 772
December 03, 2024, 07:52:15 PM
#1


There were reports that President Trump has interviewed the former SEC chair under George W. Bush to be the next SEC Chair. However, Paul Atkins is reluctant to take the position because of

Quote
he sees as a bloated agency mismanaged by departing SEC chair Gary Gensler

https://www.coindesk.com/policy/2024/12/03/trumps-top-sec-chair-pick-paul-atkins-reluctant-to-take-job-source

And if we look at the background of Paul Atkins:

  • former SEC chair Aug. 2002 - Aug. 2008
  • CEO of Patomak Global Partners, leading client work for financial services firms regarding business strategy, regulatory compliance, and litigation support.
  • co-chaired Token Alliance at the industry group Digital Chamber of Commerce

https://www.sec.gov/about/sec-commissioners/sec-historical-summary-chairmen-commissioners/paul-s-atkins
https://patomak.com/team/paul-atkins/
https://digitalchamber.org/blockchain-industry-and-regulatory-leaders-launch-token-alliance/


What are your thoughts of Paul Atkins with his background, could be be a pro-crypto SEC chair?
What are the chances of him accepting the job after years of private practice?
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